1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lilavasa [31]
3 years ago
13

For its three investment centers, Gerrard Company accumulates the following data: I II III Sales $2,060,000 $4,019,000 $4,085,00

0 Controllable margin 1,267,000 2,579,840 4,137,800 Average operating assets 5,068,000 8,062,000 12,170,000 Compute the return on investment (ROI) for each center. I II III The return on investment % % % Click if you would like to Show Work for this question: Open Show Work
Business
1 answer:
Andrej [43]3 years ago
7 0

Answer:

Investment centre           ROI

1                                    24.9%

II                                   32.0%

III                                 34.0%

Explanation:

<em>Return on Investment is the proportion of operating assets that an investment center earned as as net operating income. </em>

It is calculated as follows

ROI = operating income/operating assets

Investment centre

I                                            1,267,000/5,068,000=24.9%

II                                              2,579,840/8,062,000=32.0%

III                                          4,137,800/12,170,000=34.0%

You might be interested in
Derek, an accountant, allocates the cost of a piece of earth-moving equipment over a specific period of time. Based on the given
AnnyKZ [126]

Based on the given information, it can be concluded that Derek is implementing the process of Depreciation.            

<h3><u>Explanation:</u>  </h3>

When dealing with assets whether fixed or non-fixed, the cost over its useful life is reduced in a systematic manner until it reaches zero. This is known as depreciation. It represents the value of the said asset that has been used up. The significance of depreciation is to allow the company to make revenue from the assets while the proportion of buying cost is expended during its service.

Failure to depreciate assets can negatively affect the company’s profits. There are different methods used to calculate depreciation and all depends on the following factors: salvage value, the asset cost price, and useful life.

8 0
3 years ago
There is a bond with a coupon of 7.6 percent, seven years to maturity, and a current price of $1,032.20. What is the dollar valu
Radda [10]

Answer:

The dollar value of an 01 is:

$78.4472

Explanation:

a) Data and Calculations:

Bond coupon = 7.6%

Current price = $1,032.20

The yield to maturity value = $1,032.20 * 1.076 = $1,110.6472

Dollar value of an 01  = $1,110.6472 - $1,032.20 = $78.4472

b) In calculating the dollar value of the bond, which is a measure of the change in the value of the bond portfolio for every 100 basis point change in the interest rates, this is referred to as DV01 (that is, dollar value per 01).  Often denoted as 100 basis points (bps), 0.01 is equivalent to 1 percent.

3 0
2 years ago
Necesito saber si es cierto o falso
Zanzabum

La respuesta correcta es Falso

Explicación:

El excedente de producción se refiere a la cantidad de dinero que obtiene un productor al producir y vender un producto. En este contexto, el excedente de producción puede ser calculado si al precio o valor de compra se resta el costo de oportunidad de producirlo (costo por producir un bien específico en vez de sus alternativas), así como otros costos de producción. De acuerdo a lo anterior la premisa es falsa porque el costo de oportunidad debe ser restado y no sumado al precio para saber cual fue la ganancia o excedente de producción.

6 0
3 years ago
Elijah, who is single, is employed as a full-time high school teacher. The school district where he works recently instituted a
Fofino [41]

Answer:

A. Tuition $4,000

B. $8,665

Explanation:

A..Based on the information given the expenses that might qualify as deductions for AGI(ADJUSTED GROSS INCOME) is TUITION

The amount of the expenses that might

qualify as deductions for AGI is the tuition amount of $4,000 reason been that we were told that he spent the amount of $6,600 on tuition and secondly the AGI(ADJUSTED GROSS INCOME limitations are not higher than the unmarried return of the amount of $65,000

b. Calculation to determine How much of these expenses might qualify as deductions from AGI

Tuition$2,600

($6,600 − $4,000)

Add Books and course materials $1,500

Add Lodging $1,700

Add Meals $1,100

($2,200 × 50% cutback adjustment)

Add Laundry and dry cleaning $200

Add Campus parking $300

Add Auto mileage $1,265

(2,200 miles × $.575)

Total deduction from AGI $8,665

Therefore The Amount of the expenses that might qualify as deductions from AGI is $8,665

4 0
3 years ago
Those who make economic policy concerning price controls often do so in order to?
nlexa [21]

Answer:

establish a more equitable result based on normative judgements. In the market for personal computers and in the stock market: 1) supply and demand shifts change prices and quantities.

5 0
2 years ago
Other questions:
  • Is rand corporation a liberal or conservative company?
    14·1 answer
  • For the Mixing Department, unit materials cost is $8 and unit conversion cost is $12. If materials are added at the beginning of
    13·1 answer
  • Mellow Co. depreciates a $12,000 asset over five years, using the straight-line method with no salvage value. At the beginning o
    7·1 answer
  • Which of the following competitive forces brings low prices, high costs, and low profits?
    5·2 answers
  • Jacob and Mason go to a diner that sells burritos for $5 and tacos for $3. They agree to split the lunch bill evenly. Mason choo
    10·1 answer
  • The government of Argentina has taken over all the country's banks. No compensation has been paid. Some U.S. citizens and busine
    9·1 answer
  • The stock in Pal-Maine Foods has a beta of .85. The expected return on the market is 11.50 percent and the risk-free rate is 2.8
    9·1 answer
  • Your economics professor assigns a group project for the course. To combat the free-rider problem to which such an assignment mi
    9·1 answer
  • 100 percent of your income after you re tire will probably come from social security
    15·1 answer
  • An investment adviser would be considered to have custody of client funds if it:___.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!